It's Official: Nintendo's 2012 Console Playable at E3

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It's Official: Nintendo's 2012 Console Playable at E3

Nintendo will show a playable version of its next home console at E3 in June and release it in 2012, it said today.

The as-yet-unnamed new machine will be the company's successor to Wii, it said in a brief statement Monday morning. Nintendo said it would announce "more specifications" of the new machine at the E3 Expo, which begins June 7 in Los Angeles.

Nintendo would seem to be badly in need of a new home game machine: The Kyoto gamemaker also said today that its profits had declined 52% this fiscal year.